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Tokyo-based ocean carrier MOL said Tuesday it has successfully completed a test of a system utilizing a liquefied natural gas-powered generator to provide electric power to a berthed ocean-going vessel. MOL and Oakland, Calif.-based CleanAir Logix partnered on the power generating system, which feeds power from the shore-based LNG generator to a berth...
The volume of freight transport by Latvian rail reached 40.881 million tons in the first nine months this year, which is 6.3% more than in the respective period last year, Transport Ministry’s Transit Policy Department reports according to Baltic Course. Freight transportation within Latvia decreased 15% to 1.293 million tons, whereas international fr...
The Washington State Port of Vancouver plans to slash its capital spending by more than half in 2009, according to preliminary budget documents released Monday. The port authority expects to spend $63.1 million in 2009, down from $127.5 million this year. Officials said that they decided to streamline the 2009 budget due to uncertainty over the future...
PSA International said Monday that its flagship container port, Singapore, has handled 10.5 percent more TEUs through the first three quarters of 2008 than it did during the corresponding period in 2007. Volume for the predominantly transshipment port has grown from 20.1 million TEUs from January through September last year to 22.1 million TEUs throug...
In January-September 2008, the ports of Latvia handled 47.534 million tonnes of cargo (+0.8%, year-on-year), BNS agency learnt from Latvia’s Ministry of Communications. In the reported period transshipment of loose dry cargo amounted to 22.019 million tonnes (+13.1%) including 13.225 million tonnes of coal (+26.6%), 3.322 million tonnes of chemical car...
The Hutchison Port Holdings-backed Zhuhai International Container Terminal on Monday said it received its first batch of container-handling equipment, with two post-Panamax cranes and six rubber-tire gantry cranes arriving. Zhuhai, until now a feeder port for containers on the southern tip of the west end of the Pearl River Delta (near Macau), plans t...
The Inter-American Development Bank board of directors on Friday approved a $400 million loan to help the government of Panama finance the expansion of the Panama Canal. A tentative agreement for the loan was announced in September. Work began last year to build a third set of locks on both sides of the strategic isthmus that can accommodate 12,00...
Ningbo Port (pictured) has postponed its listing plan, due to the recession of the international financial market, Tong Mengda, the company's chief economist told SinoCast. In March 2008, Ningbo Port Group president Li Linghong announced plans to debut on the stock market, first in Mainland China, and then in Hong Kong, with the idea to go public before t...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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